Australia's Automotive Holdings to sell refrigerated logistics unit to China HNA Group

Australia's Automotive Holdings to sell refrigerated logistics unit to China HNA Group

A pedestrian walks past the HNAGroup Co. building in Beijing, China, on Wednesday, Aug. 9, 2017. Photographer: Qilai Shen/Bloomberg

Automotive Holdings Group Ltd said on Thursday it will sell its refrigerated logistics business to a unit of China’s HNA Group for A$280 million ($213.28 million) in cash.

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